Bank of Canada can be categorized as the central bank of Canada. Since, it’s main role is to maintain and promote the economy of the country. Bank of Canada has to devise and manage the canadain monetary policy. In addition, it also has to oversee bank notes and retail funds. The Bank of Canada is currently run by the government of Canada and General public of the country has its ownership. The bank was founded by the private businessman in 1943. However, government of Canada bought it just after four years of its inception. The senior governor and governors of the bank are appointed by the bank itself which is quite opposite to other government institutions. The bank was founded in Ottawa and it is still headquartered in the same city. It should be kept in mind that it’s role is quite different from commercial banks as it doesn’t provide banking services such as checking or savings accounts to general users or customers . Bank of Canada is a very good revenue generating source for the government as it contributes an average of $1.7 billion in profit annually to the government of Canada. Web Address : Official portal: http://www.bankofcanada.ca/en/